7, SAMUEL PARKES VALE, TAMWORTH, B79 8UQ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SAMUEL PARKES VALE is a very small detached house of 85m², which could now be worth an estimated £330,905. It was last sold for £270,000 in December 2020, which was around 35% below the average December 2020 detached price in the Lichfield local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was A.

7 SAMUEL PARKES VALE Sold Prices

Land registry data shows two sales for 7 SAMUEL PARKES VALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 7 SAMUEL PARKES VALE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 21 DEC	£270,000	£415,439	35% below HPI
2018 23 FEB	£232,950	£370,860	37% below HPI

7 SAMUEL PARKES VALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 7 SAMUEL PARKES VALE sales from February 2018 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 7 SAMUEL PARKES VALE be worth now?

7 SAMUEL PARKES VALE might now be worth an estimated £330,905.

This is based on house price inflation of 22.6%, between December 2020 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.6% inflationary increase is applied to the most recent sale price for 7 SAMUEL PARKES VALE of £270,000 on 21st December 2020. For the value to have increased from £270,000 to £330,905 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 SAMUEL PARKES VALE has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The December 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SAMUEL PARKES VALE has not materially changed since December 2020.

How Large is 7 SAMUEL PARKES VALE?

7 SAMUEL PARKES VALE is 85m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses houses in Tamworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tamworth, and where 7 SAMUEL PARKES VALE lies on this distribution: 17% of detached houses houses are smaller than 7 SAMUEL PARKES VALE, and 81% of houses are larger. Note that EPC data is not available for all properties in Tamworth.

7 SAMUEL PARKES VALE: Plot and Title Map

7 SAMUEL PARKES VALE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 7 SAMUEL PARKES VALE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 SAMUEL PARKES VALE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 SAMUEL PARKES VALE?

7 SAMUEL PARKES VALE is located in TAMWORTH, in the B79 postcode district. The below map shows the position of No. 7 on SAMUEL PARKES VALE.